Lumen Technologies, Inc. (LUMN)

Lumen Technologies Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Lumen Technologies stock have an average target of 1.51, with a low estimate of 1.00 and a high estimate of 1.80. The average target predicts an increase of 9.42% from the current stock price of 1.38.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$1.00	$1.51	$1.50	$1.80
Change	-27.54%	+9.42%	+8.70%	+30.43%

Analyst Ratings

The average analyst rating for LUMN stock from 5 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	5	5	5	5	5	3
Sell	2	2	2	2	2	1
Strong Sell	1	0	0	0	0	1
Total	8	7	7	7	7	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Schneider Goldman Sachs	Goldman Sachs	Strong Sell Initiates $1	Strong Sell	Initiates	$1	-27.54%	Jul 1, 2024
Bora Lee RBC Capital	RBC Capital	Hold Maintains $1.25 → $1.75	Hold	Maintains	$1.25 → $1.75	+26.81%	Mar 11, 2024
Brett Feldman Goldman Sachs	Goldman Sachs	Hold Maintains $3 → $1.5	Hold	Maintains	$3 → $1.5	+8.70%	Nov 10, 2023
Brett Feldman Goldman Sachs	Goldman Sachs	Hold Maintains $3 → $1.5	Hold	Maintains	$3 → $1.5	+8.70%	Nov 9, 2023
Batya Levi UBS	UBS	Hold Maintains $2.5 → $1.5	Hold	Maintains	$2.5 → $1.5	+8.70%	Nov 2, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

13.24B

Decreased by -9.07%

from 14.56B

Revenue Next Year

12.75B

Decreased by -3.66%

from 13.24B

EPS This Year

-0.14

from -10.48

EPS Next Year

-0.21

from -0.14

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	21.46B	20.71B	19.69B	17.48B	14.56B	13.24B	12.75B	12.60B	12.90B	12.91B
Revenue Growth	-4.97%	-3.48%	-4.95%	-11.22%	-16.71%	-9.07%	-3.66%	-1.19%	2.33%	0.14%
EPS	-4.92	-1.14	1.92	-1.54	-10.48	-0.14	-0.21	-0.18	0.15	0.19
EPS Growth	-	-	-	-	-	-	-	-	-	26.67%
Forward PE	-	-	-	-	-	-	-	-	9.02	7.12
No. Analysts	-	-	-	-	-	14	14	10	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.9B	13.5B	13.3B	13.5B	13.5B
Avg	13.2B	12.8B	12.6B	12.9B	12.9B
Low	12.5B	12.0B	11.6B	12.2B	12.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-4.7%	2.2%	4.1%	7.2%	4.9%
Avg	-9.1%	-3.7%	-1.2%	2.3%	0.1%
Low	-13.8%	-9.5%	-8.7%	-3.0%	-6.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.19	0.30	0.14	0.16	0.20
Avg	-0.14	-0.21	-0.18	0.15	0.19
Low	-0.42	-0.67	-0.37	0.15	0.19

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	-	-	30.4%
Avg	-	-	-	-	26.7%
Low	-	-	-	-	21.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.